dermot
Member of DD Central
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Post by dermot on Dec 19, 2016 15:26:14 GMT
I've more or less reached my self-imposed limits with AC, RS, CO, SS and MT - with a bit of duplication with some in BM too.
I have a bit more cash looking for a home and wondering where next, I'm comfortable with the risks in the platforms I am currently using, only investing cash that I can "afford" to lose.
I registered with FS a while back, but not yet put any money in, what are general opinions? There do seem to be a great many new loans coming up from all the emails I get.
It seems to have a rather labyrinthine process for a secondary market, but I'm more likely to put small amounts into a large number of loans and see them through to the end, so that isn't an issue for me.
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ben
Posts: 2,020
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Post by ben on Dec 20, 2016 22:25:12 GMT
Unbolted could be worth a look or something a bit different like property moose or property partner.
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nick
Member of DD Central
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Post by nick on Dec 21, 2016 0:42:56 GMT
I've more or less reached my self-imposed limits with AC, RS, CO, SS and MT - with a bit of duplication with some in BM too. I have a bit more cash looking for a home and wondering where next, I'm comfortable with the risks in the platforms I am currently using, only investing cash that I can "afford" to lose. I registered with FS a while back, but not yet put any money in, what are general opinions? There do seem to be a great many new loans coming up from all the emails I get. It seems to have a rather labyrinthine process for a secondary market, but I'm more likely to put small amounts into a large number of loans and see them through to the end, so that isn't an issue for me. I mainly invested on FC, SS, MT, RebS & FS over the past several years as these are the platforms where I can irk out the maximum net yield and are reasonably established. FS is okay if you diversify which is easily achieved given the volumes coming through on the platform. SM liquidity is not the best, but I have been able to shift loans when necessary and shouldn't be an issue if you are mainly looking to hold to maturity. In my opinion, the underlying credit risk of property loan coming on to the platform varies significantly so it does pay to do some rudimentary DD (eg read the description/valuation doc etc) rather than investing across the board.
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